Level $2$ Model Building $-$ Sprint $1$ Exam Question $9$ of $10$

Which of the following statements about Time Ranges is FALSE?

Time Ranges can have their own Summary Method settings, Quarter Totals, Half$-$year totals.

Time Ranges can exist outside the model calendar timescale. For example, if the Model Calendar is FY$17-$FY$19,$ a Time Range can be used for FY$2$O$-$FY$22.$

Time Ranges must be in the same calendar type as the model calendar.

Time Ranges will automatically switch over when you update your current fiscal year.